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Poland Won t Force Banks to Convert Swiss-Franc Loans to Zloty

(Bloomberg) — Poland’s financial supervisor said it won’t coerce banks into converting Swiss-franc mortgage loans to zloty as the country seeks ways to shield borrowers from the Swiss currency’s appreciation. Conversion of franc-denominated mortgages, which may cost as much as 25 billion zloty ($6.85 billion) spread over 20 to 25 years, needs to stem from…

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A Pessimist s Guide to Global Economic Risks in 2024

(Bloomberg Markets) It’s the year of the soft landing—and of interest-rate cuts that will support growth and markets around the world. So runs the upbeat conventional wisdom about the global economy in 2024.Most Read from BloombergUS Merchant Vessel Struck as Shippers Told to Avoid Red SeaUS Economy Set for Another Cash Boost If Congress Backs Tax DealApple to Pull Blood-Oxygen Tool From Watches to Avoid US Ban If Appeal FailsStocks Slip as Officials Push Back on Easing Bets: Markets WrapIowa

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Easing US Core Inflation Seen Reinforcing Fed Optimism

(Bloomberg) Underlying US price pressures probably continued to recede as 2023 drew to a close, backing up optimism at the Federal Reserve about the path for inflation.Most Read from BloombergFAA Orders Temporary Grounding of Some 737 Max Jets After MishapAckman Plans to Check MIT’s Kornbluth, Staff for PlagiarismBoeing 737 Max Blowout Points to Pervasive FlawsBitcoin ETF Issuers Clear Major Hurdle on Path to SEC ApprovalThe consumer price index excluding food and fuel, a measure favored by e

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Easing US Core Inflation Seen Reinforcing Fed Optimism

Easing US Core Inflation Seen Reinforcing Fed Optimism
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US Jobs Numbers to Show Healthy Hiring, Easing Pay Growth

US Jobs Numbers to Show Healthy Hiring, Easing Pay Growth
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